2021-12-31-accounts - Fine Cell Work

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Patrons		Tracy Chevalier
		Dame Judi Dench CH
		Kaffe Fassett
		Esther Freud
		Libby Purves OBE
		Gen the Lord Ramsbotham		GCBCBE
		Isabella Tree
Trustees		Sophie Kingsley (Chair)
		Madion Bedford
		Julian Diment
		Tab itha Elwes
		Edward Henry
		Kit Kemp MBE
		Miranda Kendall (Vice	Chair)
		Cath Kidston MBE
		Andrew Murray (Treasurer)
		Cathy Robinson
		Emma Soames
		Nicola Wright
Executive	Director	Victoria Gillies
Founding	Director	Dr Katy Emck OBE
Financial	Director	Mariana Spater
Charity Number		1049095
Company	Number	03095356
Registered	Office &Principal Address	190-192Queenstown	Road
		London
		SWB3NR
Auditors		James Cowper Kreston
		6th Floor
		Reading Bridge House
		George Street
		Reading
		RG1 BLS
Bankers		Unity Trust Bank
		4 Biindley Place
		Birmingham
		B1 2HB

	Page
TRUSTEES' REPORT
REPORT OF THE INDEPENDENT AUDITORS	21
STATEMENT OF FINANCIAL ACTIVITIES	24
(INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
BALANCE SHEET	25
CASH FLOW STATEMENT	26
NOTES TO THE ACCOUNTS	27

		Unrestricted	Restricted	Designated	Total	Total
	Notes	Funds	Funds	Funds	2021	2020
Income from: Donations and grants Charitable activities		6 277,090 280,524	6 431,461	6 127,317	6 835,868 280,524	F 668,400 460,937
Investment income		41			41	862
Total income		557,655	431,461	127,317	1,116,433	1,130,199
~Eggg~iture n:
Cost ofRaising Funds	5	172,528			172528	229 136
Charitable activities Prisoner Training &Support	5	392,248	385,236		777,484	831,119
Total expenditure		564,776	385,236		950,012	1,050,255
Net income/(expenditure)		(7,121)	46,225	127,317	166,421	69,944
Transfer between funds		(58,242)		58,242
Fund balances at 1 January	2021	666,295	11,810		678,105	608,161
Fund balances at 31December
2021		600,932	58,035	185,559	844,526	678,105

							2020
			Notes			E
Fixed assets
Tangible assets					58,242		30,233
					58,242		30,233
Current assets
Stocks				125,763		122,578
Debtors			10	86,451		96,482
Cash at bank and in		hand		814,040		758,919
				1,026,254		977,979
Creditors:	amounts	falling due
within one	year			(239,970)		(255,107)
Net current	assets				786,284		722,872
Creditors: falling due after more than one year			12				(75,000)
Net Assets					844,526		678,105
Income funds
Restricted funds			15		58,035		11,810
Designated	funds		17		185,559
Unrestricted	funds		16		600,932		666,295
					844,526		678,105

				2021		2020
			Notes
Cash flows from operating		activities:
Nei income/expenditure for the year				166,421	69,944
Depreciation oftangible fixed		assets	9	13,745	14,542
Increase/(decrease)	in creditors		12	(90,137)	(70,031)
(Increase)/decrease	in debtors		11	10,031	147,302
(Increase)/decrease	in stocks			(3,184)	(6,643)
Investment income				(41)	(862)
Net cash provided	by/(used	in)			96,835	154,252
operating activities
Cashflows from investing activities
Interest income				41	862
Purchase oftangible	fixed assets		9	(41,755)	(29,094)
Cash provided by/(used in)		investing			(41,714)	(28,232)
activities
Increase/(decrease)	in cash				55,121	126,020
Cash and cash equivalents		at the			758,919	632,899
beginning ofthe year
Cash and cash equivalents		at the end			814,040	758,919
ofthe year
						31
				1 January 2021	Gashflow	December 2021
				E		E
Cash at bank and	in hand			758,919	55,121	814,040

2.4	Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation		is provided	is provided	at rates calculated to	at rates calculated to	at rates calculated to	at rates calculated to	at rates calculated to
	write offthe cost less estimated residual value ofeach asset over its expected useful					life, as follows:
	Plant and machinery 3years straight line basis
	Fixtures, fittings and equipment 3years straight line basis
2.5	Leasing and hire purchase commitments Rentals payable under operating leases are charged against income	on a straight				line basis over			the
	period ofthe lease.
2.6	Debtors
	Trade and other debtors are recognised at the settlement amount due after any trade					discounts.
2.7	Cash at bank and in hand
	Cash at bank and in hand includes cash and short term highly liquid investments.				The Trustees seek to
	use short and medium term deposits where possible to maximise the return on monies							held at the bank
	and to manage cash flow.
2.8	Creditors and provisions
	Creditors and provisions are recognised where the charity has a present		obligation		resulting from a				past
	event that will probably result in the transfer offunds to a third party and the amount						due to settle		the
	obligation can be measured or estimated reliably.
2.9	Stock and work in progress
	Stock is valued at the lower ofcost and net realisable value.
2.10	Pensions
	The charity operates a defined contributions pension scheme. Contributions are charged							in the accounts
	as they become payable in accordance with the rules ofthe scheme.
2.11	Fund accounting
	The charity has various funds for which it is responsible:
	Unrestricted funds —these are for use on the general charitable objectives ofthe			charity.
	Restricted funds —the funds are for use as directed by the donor. A descriiption				of	the		projects can be
	found in the notes to the accounts.
	Designated funds —these are amounts which have been put aside at the discretion					of the Trustees			and
	comprise a fund equivalent to the donations raised to regrow prison stitcher numbers					post pandemic.			This
	has been designated by the Trustees for this purpose.
	The Trustees also authorised the creation ofa designated fund to cover		the Fixed		Asset			value.
2.12	Taxation
	The company is a registered charity (number: 1049005). All of the		charity's	income				falls within	the
	exemptions set out in part 11of the Corporation Tax Act 2010.

Income from donation	s and	grants
		Unrestricted	Restricted	Designated	Total	Total
		funds	Funds	Funds	2021	2020
		6	6	6	8
Donations and grants		277,090	431,461	127,317	835,868	668,400
Donations and grants
Unrestricted funds:
BCPartners					10,000
CHK Charities					50,000	5,000
Anonymous					5,000
Anonymous Anonymous Leathersellers Livery Company					5,000 15,000	15,000 875
Dalby Trust						5,000
Third House Trust						20,000
Devonshire Trust					10,000
Violet and Milo Cripps	Trust					17,203
Armitage Trust					20,000
Battcock Charitable Trust					5,000
Sharegift					5,000
De Lazlo Foundation						10,000
Alison Mary Lyon Will	Trust				10,000
Qais Zakara Permira Foundation					5,000	3,000
Seymour Strang Trust						1,000
Sommer Family Trust					10,000
Al Fayed Foundation					10,000
Mercers Livery Company					2,000
Emerton-Christie Charity						3,000
The Delves Charitable	Trust				5,000
Other grants and donations		(&f5,000)			110,090	176,857
					277090	256935

Income from donations	Income from donations	and	grants (continued)
				Total	Total
				2021	2020
				6	5
Restricted funds:
Anonymous					5,000
Addian Swire Trust				15,000
Bank ofAmerica Foundation				35,740
Barbour Trust				2,000
Blatchworth Trust				5,000
Bromley Trust				10,000	I0,000
Colyer-Fergusson Charitable			Trust	12,500
Robin Corbett Award				3,000
Dalby Trust				5,000
De Lazlo Foundation				10,000
Lottery Fund					109,866
Evan Cornish Foundation					3,500
City Bridge Trust					4,875
Drapers Livery Company					15,000
Great Western Railway				20,000
Goldsmiths' Company	Charity			30,000	30,000
Hadrian Trust				1,000
1772Trust					2,000
Alice Cooper Dean					3,000
Peter Stebbings Trust					7,500
Hiscox Foundation				5,000
Hodge Foundation				4,000
Westminster Foundation					19,999
Philip King Trust				10,000	10,000
John Lewis Foundation				16,000
Leigh Foundation				5,000
Lord Barnaby's Foundation				6,000
Government Job Retention Scheme				18,362	12,447
Needleworkers Livery	Company				2,000
Porticus Trust				30,000
Rathbone Trust					3,000
Newby Trust					3,000
Michael Varah Memorial		Foundation		8,529	1,170
Garfield Weston Foundation				100,000	100,000
Rayne Foundation				20,000	20,000
Statham Family Trust				2,500
Awards for All				9,530
				384,161	362,357

					Total	Total
					2021	2020
					8	8
Brought forward					384,161	382,357
Afdo Trust					5,000	5,000
Lloyds TSB						32,858
Dischma Charitable			Trust		5,000
Valentine Trust					5,000
The Monday Charitable				Trust	10,000
Merchant Taylors'		Foundation			5,000
Madison Foundation					1,000
Worshipful Company			of	Broderers	3,000	5,000
Anonymous					5,000
Tanner Trust					7,000	5,000
Other donations	&	grants (cf5,000)			1,300	1,450
					431,461	411,485

								2021	2020
								6
Sale of prisoners'		work						252,224	243,237
Auction proceeds		of	prisoners'	work				7,000	226,100
Income from	cell	work						21,300	(8,400)
								280,524	460,937
Expenditure
					Staff	Depreciation	Other	Total	Total
					costs		Costs	2021	2020
Expenditure	on:
Costs ofgenerating grants			donations	and	162,984		9,544	172,528	229,136
Charitable activities
Prisoner Training		&	Support		342,387	13,745	300,599	656,731	713,383
Activities undertaken			directly
Supportcosts							120,753	120,753	117,736
					505,371	13,745	430,896	950,012	1,060,255
Analysis of	support		costs (including		governance	costs)
								2021	2020
								6	8
Rent								96,800	96,188
Governance		costs						16,960	14,428
Insurance								6,993	7,120
								120.753	117,736

6 Statement offinancial activities - Comparative	funds —year	ended 31 December 2020
	Unrestricted	Restricted	Total
	funds	funds	2020
Income from:	f	6	6
Donations and grants	256,935	411,465	668,400
Chadilable activities	460,937		460,937
Investment income	862		862
Total income	718,734	411,465	1,130,199
~ECht
Costs ofgenerating
donations and grants	229,136		229,136
Charitable activities
Prisoner Training &Support	422,177	408,942	831,119
Total expenditure	651,313	408.942	1,060,255
Net income/(expenditure)	67,421	2,523	(38,333)
Fund balances at 1 January 2020	598,874	9,287	608,161
Fund balances at 31 December
2020	666,295	11,810	678,105

Number of	employee	s
								2021	2020
								Number	Number
The average	monthly	number		ofemployees		during the	year was	15	16
Employment	costs							2021	2020 5
Wages and salaries Social security costs Other pension costs								450,330 39,955 12,100	483,587 42,309 13,122
								502,385	539,018
The number	ofemployees		whose annual		emoluments		exceeded 660,000
In the year were as follows:
								2021	2020
								Number	Number
E60,00I-670,000								1	0

9	Tangible fixed assets	Tangible fixed assets	Plant and	Fixtures,	Total
			machinery	fittings 8
				equipment
				6
	Cost
	At 1 January 2021		9,679	85,832	95,511
	Additions			41,755	41,755
	At 31December 2021		9,679	127,587	137,266
	Depreciation
	At 1 January 2021		8,971	56,307	65,278
	Charge for the year		599	13,146	13,745
	At 31 December 2021		8,971	69,453	79,023
	Net book value
	At 31December 2021		109	58,134	58,242
	At 31 December 2020		708	29,525	30,233
10	Debtors			2021	2020
				8
	Trade debtors			13,822	14,141
	Other debtors			12,500	18,070
	Prepayments and accrued income			60,129	64,271
				86,451	96,482
11	Creditors: amounts	falling due within one year		2021	2020
				8	6
	Trade creditors			21,550	4,596
	Taxes and social security costs			19,382	20,530
	Other creditors			408	3,164
	Accruais and deferred	income		198,630	226,817
				239,970	255,107

12	Creditors: amounts	falling due	falling due	after more than	after more than	after more than	one year	2021	2020
								E	E
	Deferred grant income								75,000
13	Deferred Income
Included within deferred		income are		amounts		relating	to events which are
taking place in 2022 and		grants with		timing conditions			outside the control
ofthe charity.
								2021	2020
								E	E
	Brought forward as at		1"January	2021				272,081	275,000
	Received in year							99,083	97,081
	Released in year							~197081	~100000
	Carried forward at 31"December			2021				174,083	272,081
14	Pension and other	post-retirement			benefit commitments
	Defined contribution
	There were f1,754contributions			(2020:E1,815)due.
								2021	2020
								8	E
	Contributions payable		by the charity		for the	year		12,100	13,122

				Balance at 1 January 2021	Incoming resources	Resources '" en ed	Balance at 31December 2021	Balance at 31December 2021
				8		6	8
Developing post release
employment and training		support for			114,770	99,770	15,000
prisoners
Open the Gates apprentice			stipends		8,529	5,994		2,535
Prisoner training and	awards			5,810	7,500	13,310
Staff furlough support					18,362	18,362
Volunteers expenses					5,000	5,000
Rebuilding Cell Work pandemic	post				84,800	72,300	12,500
Cell work core costs				8,000	70,000	56,000	20,000
Support for prisoners	in	Kent			12,500	6,500		6,000
Stitcher training kits					5,000	5,000
Social enterprise support					102,000	100,000		2,000
Prisoner newsletter					3,000	3,000
				11,810	431,461	385,236	58,035

15 Restricted funds (	co	ntinued)
					Movement	in	funds
			Balance at 1January 2020f	Incommg resources	Resources expended f		Transfers between f	Balance at 31December 2020 f
Developing post release employment and training	support			180,474	180,474
for prisoners Open the Gates apprentice		stipends	3,037	1,170	4,207
Prisoner Training and awards			4,750	10,000	8,940				5,810
Staff furlough support				12,447	12,447
Volunteers' expenses				9,000	9,000
Cell work core costs			1,500	48,500	44,000				6,000
Rent and core costs				34,999	34,999
Social enterprise support				100,000	100,000
Prisoner newsletter				3,000	3,000
Staff resilience training				4,875	4,875
Postage support				7,000	7,000
			9,287	411,465	408,942			11,810

Unrestricted	funds
				Movement	in	funds
		Balance at 1January 2021	Incoming resources	Resources expended		Transfer between funds	Balance at 31 December 2021
		6		6		6	6
Unrestricted	funds	666,295	557,655	564,776			659,174
				Movement	in	funds
		Balance at 1 January 2020	Incoming resources	Resources expended		Transfer between funds	Balance at 31 December 2020
				6		6	6
Unrestricted	funds	598,874	718,734	651,313			666,295

Designated	funds
				Movement	in funds
		Balance at 1January 2021	Incoming resources	Resources expended	Transfer between funds	Balance at 31December 2021
		6		6	6	6
Fixed Asset	Fund				58,242	58,242
Rebuilding	Cell Work		127,317			127,317
			127,317		58,242	185,559

FOR	THE YEAR ENDED 31 DECEMBER 20	THE YEAR ENDED 31 DECEMBER 20	21
18	Analysis of net assets between funds		Unrestricted	Restricted	Designated	Total
			Funds	Funds	Funds	2021
			6
	Fund balances at 31 December 2021 are		represented by:
	Tangible fixed assets Current assets		58,242 862,902	36,035	127,317	58,242 1,026,254
	Creditors: amounts	falling due within one
	year		(261,970)			(261,970)
			659,174	36,035	127,317	822,526
			Unrestricted	Restricted		Total
			funds	funds		2020
			6			8
	Fund balances at 31 December 2020 are		represented by:
	Tangible fixed assets Current assets		30,233 891,169	86,810		30,233 977,979
	Creditors: amounts	falling due within one
	year		(255,107)			(255,107)
	Creditors: amounts	falling due after more
	than one year			(75,000)		(75,000)
			666,295	11,810		678,105